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UK to implement new partnership with SACU & Mozambique

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Friday, 31 August 2018

UK to implement new partnership with SACU & Mozambique

British Prime Minister Theresa May says the United Kingdom (UK) will replicate the European Union’s (EU) economic partnership agreement with the Southern African Customs Union (Sacu) and Mozambique after Britain exits the EU next year. The agreement has helped secure greater market access for South Africa and fellow Sacu members Botswana, Lesotho, Namibia and Swaziland. May was speaking in Cape Town earlier on Tuesday at the start of a three-leg African trip that will also see her meeting the presidents of Nigeria and Kenya. A formal announcement on the trade deal is expected later on Tuesday after her meeting with President Cyril Ramaphosa at Tuynhuys. May says she wants a new partnership between the United Kingdom and the people of Africa based on shared prosperity. She says Britain wants to see strong African economies that British businesses can do business within a free and fair way.

Source: ewn.co.za